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AAA doesn't mean no chance whatsoever and never has, it means minimal credit risk http://www.moodys.com/sites/products/AboutMoodysRatingsAttachments/MoodysRati
by kai-zer 15y ago
AAA doesn't mean no chance whatsoever and never has, it means minimal credit risk
http://www.moodys.com/sites/products/AboutMoodysRatingsAttachments/MoodysRatingsSymbolsand%20Definitions.pdf http://www.moodys.com/sites/products/AboutMoodysRatingsAttac...
- derrickpetzold 15y agoWell there are 7 levels of A rating. The US certainly doesn't deserve to the top most tier since there is active discussion of default. No I don't think it actually would but what is the point of these ratings if they are being used like this?
- natural219 15y agoThe is no legitimate discussion of the US defaulting, just political demagoguery. Greece, on the other hand...